"Which jurisdiction is more secure for #investors, #Indonesia or #India? Read the annual 2018 edition of #MiningJournal's #WorldRiskReport to find out: https://t.co/iXlsSr9ABt"Read full newsRead More
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Attention is fixed on Buenos Aires as Group of 20 leaders meet in Argentina and developments there in the coming hours will shape commodity trading over the next week. Presidents Donald Trump and Xi Jinping have a dinner date on Saturday to see if they can avert an escalation of the U.S.-China trade war. Also on the sidelines, Russia's Vladimir Putin and Saudi Arabia's Mohammed bin Salman are like...Read More
Mineral sands miner Iluka Resources resumed operations at its Sierra Leone project, Sierra Rutile, on Friday, after workers ended a strike that had stalled work for the last eight days, a senior union official told Reuters.The strike was the second in the past month to hit Sierra Rutile, one of Sierra Leone's largest companies, following a week-long stoppage in October that led Iluka to cut its ou...Read More
Chile's state copper miner Codelco said on Saturday it had reached agreement on a new collective labor contract with the union of workers at its Ministro Hales mine in northern Chile.The 36-month contract, which includes a signing bonus of 7 million pesos ($10,423) and a boost to salaries of 1.2 percent, was approved by 53 percent of the union, Codelco said in a statement.Ministro Hales produced a...Read More
Former workers associated with the National Union of Mine, Metal, Steel and Allied Workers of the Mexican Republic, known as Los Mineros Union, gave the new president Andr?(C)s Manuel L??pez Obrador 15 days following his inauguration to address a conflict with Grupo Mexico that started in the late 2000s.According to local media, following a request made by the new Interior Minister Olga S??nchez C...Read More
Former workers associated with the National Union of Mine, Metal, Steel and Allied Workers of the Mexican Republic, known as Los Mineros Union, gave the new president Andr?(C)s Manuel L??pez Obrador 15 days following his inauguration to address a conflict with Grupo Mexico that started in the late 2000s.According to local media, following a request made by the new Interior Minister Olga S??nchez C...Read More
Former workers associated with the National Union of Mine, Metal, Steel and Allied Workers of the Mexican Republic, known as Los Mineros Union, gave the new president Andr?(C)s Manuel L??pez Obrador 15 days following his inauguration to address a conflict with Grupo Mexico that started in the late 2000s.According to local media, following a request made by the new Interior Minister Olga S??nchez C...Read More
Dec 1 (Reuters) -For other diaries, please see:Top Economic EventsM/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt AuctionsD/DIARYPolitical and General NewsPOL/DIARYU.S. Federal ReserveFED/DIARYToday in WashingtonWASH/DIARY ----------------------------------------------------------- This Diary is filed daily. -----------------------------------------------------------SATURDAY, DEC...Read More
NEW DELHI, Dec 1 (Reuters) - India has approved the acquisition of defence equipment worth about 30 billion rupees ($431 million), the government said in a statement on Saturday.The Defence Acquisition Council approved the procurement of supersonic cruise missile BrahMos for two Indian navy ships, which it said will form the primary weapon on-board the ships.The government also approved procuremen...Read More
* India asks Ethiopia to help IL&FS employees held hostage* Seven IL&FS employees were held by local Ethiopian staff* Indian firm has not paid salaries, employees say (Adds comment from Indian company IL&FS)By Aditya KalraNEW DELHI, Dec 1 (Reuters) - Employees of Indian company Infrastructure Leasing & Financial Services (IL&FS) taken hostage by local staff in Ethiopia say they...Read More
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Back in 2017, when some countries were handing power to populists promising variations of "drain the swamp," France went for continuity with Emmanuel Macron, a young, moderate-sounding Continue...Read More
RAPAPORT... Hong Kong's largest jewelry retailers expect sales growth to slow during the important holiday season in light of recent US-China trade tensions and the depreciation of the yuan currency.Same-store sales at Luk Fook dropped by a single-digitpercentage in Hong Kong and Macau in October and the first three weeks of November, and by double digits in mainland China, the company reported la...Read More
RAPAPORT... Diamcor's sales fell in the second fiscal quarter as lowerproduction at its mine in South Africa resulted in reduced availability ofgoods. Revenue dropped 45% to $726,588 in the three months endingSeptember 30 compared to $1.33 million in the same period a year ago, the minerreported Thursday. Rough-diamond recovery from the Krone-Endora at Venetiaasset fell, the company said. However...Read More
RAPAPORT... Graff Diamonds will present a selection of flawless polishedstones from the 1,109-carat Lesedi La Rona at its new Hong Kong boutique. Graff purchased the D-color diamond - the second-largest rough in history- from Lucara Diamond Corp. for $53 million in September 2017. Theluxury jeweler has since cut about 30 polished diamonds from the originalstone, and will display them in Asia...Read More
RAPAPORT... More than 53 million US consumers intend to buy a diamondduring the extended festive period from Thanksgiving to Valentine's Day,according to a survey by the Diamond Producers Association (DPA). The November poll, which the DPA conducted together with KRCResearch, collated responses from 1,000 men and women in the US aged 18 to 55.Millennials were more likely than others to buy a...Read More
(IDEX Online News) - The IDEX polished diamond price index was up slightly in November during the month. ...Read More
(IDEX Online News) - There were slightly more declines than risers in round and fancy shape diamonds in November. Round goods saw a downward trend in goods of less than 1 carat, while stones of 1.5 carats and above saw rises. There were decreases in 0.18-0.22 carat stones in H-I, SI1-SI2, of 4-5%; in 0.30-0.39 carat diamonds D, VVS2-SI2, of 2-3%; in 0.40-0.44 carat diamonds J-K, IF-VVS1, of 2%; as...Read More
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